January 2015

In the fourth quarter of 2014, we initiated quite a few changes at N-Stock Box in order to accommodate for our future growth.

As anticipated our mini flexo folder gluer was installed at the end of October. After a complete overhaul, the machine is expected to be in full operation by early January 2015. We are quite excited about the added value it will bring to our customers.

One of the services that we provide to our many customers is warehousing. Directly across the street from our main plant is 70,000 square feet of space utilized specifically for this purpose. Fortunately, we have located another comparable warehouse for sale which is in close proximity. We recently settled on a purchase price and expect to take possession soon.

Over the past 90 days we have implemented quite a few personnel changes. We relocated one of our sales representatives into a new market which we feel will create some great opportunities. Also one individual was promoted within to fill a new sales position. An employee was upgraded into a production supervisory position, another was moved into scheduling and we hired an outside person to assume quality and safety responsibilities.

In order to gain needed capacity, we started a second shift in December. Initially we will only be operating key pieces of equipment, but we plan to add more as we go. Our intentions are to gradually develop the shift as needed so we can continue to service customers as well as accommodate for future growth.

We ended the year as a whole on a strong note. Our sales for both the fourth quarter and for the entire year were company records. We experienced no lost time accidents as we surpassed 330 days with no incidents. Several capital investments were made to create and ensure capacity for our future growth. With all these positives as we begin 2015, we are looking forward to hopefully another exciting and prosperous year.

 

Last modified on Wednesday, 08 July 2015 08:14

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